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Stobart Property

Stobart Property Grid Bubble Plot FEB07
Stobart Property Grid Bubble Plot
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Stobart Property Contoured FEB07
Stobart Property Grid Contoured Plot
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The Stobart property presently consists of 63 tenures totaling 28,953 hectares. The claims cover four small outliers of Spences Bridge rocks in the area of Gang Ranch. Exploration in 2007 concentrated in the centre of the claim block, focusing on the Hamm Vein, first discovered in 1993.

The northeast trending, 1-2 metre wide Hamm vein has been traced for 60 metres through four outcrop exposures. Each exposure was sampled in one metre chips and found to be consistently gold-bearing. The vein returned assay values of 380 parts per billion (ppb) gold, 5 ppb Au, 380 ppb Au and 1.48 grams per tonne (gpt) Au, from southwest to northeast, respectively. An additional sample 120 metres to the south returned a value of 1040 ppb Au from a vein that may be the faulted southern extension of the Hamm vein or may represent an additional vein.

The 1 metre wide parallel Rob vein, 150 metres to the northwest, has been traced for 15 metres through two outcrop exposures. Each exposure was sampled in one metre chips and found to be consistently gold-bearing. The two vein exposures reported 880 ppb Au and 1.18 gpt Au.

A 2.0 kilometre by 1.7 kilometre soil grid, established in the general Hamm vein area was successful in identifying four parallel northeast trending gold-in-soil anomalies, A through D, one of which (Anomaly A) appears to be the Rob vein. These anomalies range in length from 300 metres to 100 metres.

Stobart Property

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